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The underlying security in an optioncontract is fixed and cannot be changed.
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Both Anglo and Codelco have sued each other for violating the optioncontract.
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The Chicago Board Options Exchange has a parallel optioncontract on Ford and GM.
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Codelco says Anglo American has reneged on its optioncontract and has acted in bad faith.
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Each call or put optioncontract represents the right to buy or sell 100 shares at a particular price.
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The optioncontract will provide physical market participants an additional instrument to hedge their risk, said MCX Managing Director Mrugank Paranjape.
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The optioncontract will provide the physical market participants an additional tool to hedge their risk, said Mrugank Paranjape, managing director of MCX.
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But it comes down to what is in the original contract, Collins Stewart analyst John McGloin said, referring to the optioncontract with Codelco.
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Electronic volume averaged 814,000 contracts a day, up 36 percent over year-ago levels, as floor-traded energy futures and optioncontract volume dropped.
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A look at overall open VIX optionscontracts tells a similar story.
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HKEX said it will launch an initial 37 futures and optionscontracts.
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In 2012, approximately four billion optionscontracts were traded on U.S. options exchanges.
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He recommends the September Apple optionscontracts to implement this strategy.
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The trial will also involve the launch of call and put optioncontracts.
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That is where futures and optionscontracts expiring in December settled earlier this month.
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Nikkei futures and optionscontracts expiring in September will be settled later on Friday.